Job Description
Responsibilities:
• Work as a Key resource for the management of Market Risk of the Bank (portfolios include Fixed Income, Foreign Exchange, Derivatives, Commodities, etc).
• Contribute towards the design and calibration of the Bank's Market Risk Appetite, Market Risk Limit Framework, and limit levels.
• Continuously and proactively identify new emerging risks or vulnerabilities in the existing risk management framework. He/she must initiate projects and collaborate with other departments to mitigate these risks.
• Evaluate new Treasury Products and Structures and advise management on the risk controls, limit-structure and limit-levels, valuation, etc. Quick Turnaround time is expected.
• Perform continuous monitoring of the Market Risk in the Bank's Treasury portfolio and the market environment, and provide timely recommendations for the mitigation of Market Risk and Operational risk in Treasury.
• Recommend and set up valuation methodologies, valuation curves, and risk models for Fx and Interest Rate Derivatives, Fixed Income, and Forex portfolios.
• Perform periodic Internal validation of pricing/valuation/counterparty risk/VaR /market risk models used for all portfolios - Fixed Income, Forex, Derivatives, etc.
• Represent Risk Management and contribute to projects like the implementation of new Capital approaches like FRTB, SA-CCR, etc.
• Risk analysis and Stress testing of the Bank's Treasury portfolios, and recommending risk mitigation measures to Management.
• Assist in the setting up of the risk management framework and mitigation of Operational Risks in the Treasury division of the Bank.
• Lead and contribute to the implementation of IT projects from a Market Risk perspective.
• Evaluate Treasury Processes from an Operational Risk perspective and ensure that adequate risk mitigation has been incorporated.
• Periodic Market Risk updates to ALCO, Risk Management Committee, etc, in the form of presentations, Notes, etc.
• Liaison with Audit and Regulators for Market Risk.
Requirements:
• At least 8 years of experience in Market Risk Management or similar functions (Structuring/Trading/Quant, etc), preferably in a bank, investment firm, or financial services organization.
• CA or MBA (Finance) or Master's in Markets/Finance or CFA/FRM/CQF or Bachelor's in Engineering, Mathematics, Statistics, or related field.
• Progress in FRM/PRM/CFA/CQF, etc, would be viewed favourably.
• Proficiency in valuation risk calculations of financial instruments (especially Interest Rate and Forex Derivatives).
• The candidate must be a self-starter. He/she must be able to proactively initiate close risk management projects by himself/herself.
• Good understanding of financial markets and the impact of the market and economic environment on treasury portfolios.
• Ability to analyse, summarize, and present analysis
• Proficiency in Excel, VBA, and at least one programming language such as Python will be preferable.
• Work as a Key resource for the management of Market Risk of the Bank (portfolios include Fixed Income, Foreign Exchange, Derivatives, Commodities, etc).
• Contribute towards the design and calibration of the Bank's Market Risk Appetite, Market Risk Limit Framework, and limit levels.
• Continuously and proactively identify new emerging risks or vulnerabilities in the existing risk management framework. He/she must initiate projects and collaborate with other departments to mitigate these risks.
• Evaluate new Treasury Products and Structures and advise management on the risk controls, limit-structure and limit-levels, valuation, etc. Quick Turnaround time is expected.
• Perform continuous monitoring of the Market Risk in the Bank's Treasury portfolio and the market environment, and provide timely recommendations for the mitigation of Market Risk and Operational risk in Treasury.
• Recommend and set up valuation methodologies, valuation curves, and risk models for Fx and Interest Rate Derivatives, Fixed Income, and Forex portfolios.
• Perform periodic Internal validation of pricing/valuation/counterparty risk/VaR /market risk models used for all portfolios - Fixed Income, Forex, Derivatives, etc.
• Represent Risk Management and contribute to projects like the implementation of new Capital approaches like FRTB, SA-CCR, etc.
• Risk analysis and Stress testing of the Bank's Treasury portfolios, and recommending risk mitigation measures to Management.
• Assist in the setting up of the risk management framework and mitigation of Operational Risks in the Treasury division of the Bank.
• Lead and contribute to the implementation of IT projects from a Market Risk perspective.
• Evaluate Treasury Processes from an Operational Risk perspective and ensure that adequate risk mitigation has been incorporated.
• Periodic Market Risk updates to ALCO, Risk Management Committee, etc, in the form of presentations, Notes, etc.
• Liaison with Audit and Regulators for Market Risk.
Requirements:
• At least 8 years of experience in Market Risk Management or similar functions (Structuring/Trading/Quant, etc), preferably in a bank, investment firm, or financial services organization.
• CA or MBA (Finance) or Master's in Markets/Finance or CFA/FRM/CQF or Bachelor's in Engineering, Mathematics, Statistics, or related field.
• Progress in FRM/PRM/CFA/CQF, etc, would be viewed favourably.
• Proficiency in valuation risk calculations of financial instruments (especially Interest Rate and Forex Derivatives).
• The candidate must be a self-starter. He/she must be able to proactively initiate close risk management projects by himself/herself.
• Good understanding of financial markets and the impact of the market and economic environment on treasury portfolios.
• Ability to analyse, summarize, and present analysis
• Proficiency in Excel, VBA, and at least one programming language such as Python will be preferable.
💡 Quick Summary
Seeking a career-building opportunity? The Market Risk Manager position is now open for candidates interested in the Bank Jobs sector. This role in India offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
